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Billionaire hedge fund legend Ray Dalio says that the financial situation in the US presents a high likelihood of serious problems moving forward.
In a new interview on PBS’s Amanpour and Company, Dalio, founder of Bridgewater Associates, says that the US government is in a situation where it absolutely must lower its budget deficit as a percentage of GDP from 7% to 3%.
According to Dalio, the...
The former chief executive of the software firm Strategy, formerly known as MicroStrategy, is doubling down on his massive price prediction for Bitcoin (BTC) as it continues to trade above the six-figure level.
In a new interview with CNBC Television, Bitcoin firebrand Michael Saylor says that as institutions enter the top crypto asset by market cap, BTC should experience a supply shock and a...
The chief executive of the world’s largest asset manager just issued a dire warning, saying that the US will drown in debt unless the country finds a way to stimulate and grow the economy.
Speaking at the 2025 Forbes Iconoclast Summit, Larry Fink details the remarkable pace at which the US has amassed an astronomical amount of debt.
“After 223 years of being a nation in 2000, the [national debt...
Millions of T-mobile customers affected by a massive hack and data breach are beginning to receive their share of a $350 million class action settlement.
According to the settlement administrator, the distribution of settlement payments has now begun and will continue over the next several weeks.
The 2021 cyberattack compromised the personal data of a staggering 76 million US customers, exposing...
A US bank is preparing to pay millions of dollars to settle a lawsuit that accused the lender of breach of contract.
According to a preliminary approval order, Illinois-based Midland States Bank will pay $3.125 million to settle accusations that the billion-dollar lender and two other banks it acquired improperly charged overdraft and non-sufficient funds (NSF) fees.
Specifically, the class...
The crypto betting firm Polymarket is partnering with Elon Musk’s X.
Polymarket is now X’s “official Prediction Market Partner” and will kick off the partnership by co-launching a product with the social media platform designed to give gamblers data-driven insights and recommendations, per a new press release.
Polymarket chief executive Shayne Coplan says the partnership will provide both...
The U.S. Treasury Department just issued the largest buyback of its own bonds in history.
The Treasury says the $10 billion operation is designed to repurchase securities maturing between July 15th, 2025 and May 31st, 2027.
Buybacks allow the Treasury to retire outstanding debt early, potentially reducing interest costs and adjusting its debt profile.
This big buyback comes as rising yields...
Analytics platform Glassnode is outlining the possible path ahead for Bitcoin (BTC) amid a period of intense profit-taking.
According to the analytics platform, Bitcoin is facing growing resistance after reaching a new all-time high last month.
The resistance can be attributed to exhaustion from profit-taking by long-time Bitcoin holders and exhaustion from buyers who purchased earlier,...
The largest bank in the US believes the S...
June 7th, 2025 – HongKong, HongKong
On June 7, MEET48 officially announced the launch of its IDOL airdrop program.
The IDOL Airdrop Eligibility Check Page is scheduled to officially launch at 3:00 UTC on June 9, 2025, marking a critical step forward in MEET48’s journey into the new era of Web3 entertainment.
The eligibility snapshot for this airdrop was completed at 16:00 UTC on May 21,...